Stanley Reynolds

Eller Professor of Economics
Stanley Reynolds

McClelland Hall 401CC
1130 E. Helen St.
P.O. Box 210108
Tucson, Arizona 85721-0108

Areas of Expertise

Energy and environmental economics
Experimental economics
Industrial Organization

Stanley Reynolds joined the Eller College of Management after earning his PhD in Economics from Northwestern University. His areas of expertise include industrial organization, experimental economics and energy and environmental economics. His current research examines electricity restructuring issues, the impact of environmental policy on energy markets and integration of renewable energy into the electric grid.


  • ECON 437 Energy Markets and Environmental Economics

Recent Research Papers

  • “Market Dynamics and Investment in the Electricity Sector”, with Joseph Cullen, International Journal of Industrial Organization, July 2023. Non-technical research summary  
  • “Who Should Own a Renewable Technology? Ownership Theory and an Application”, with Talat Genc, International Journal of Industrial Organization, March 2019.
  • “Price Caps, Oligopoly, and Entry,” with David Rietzke, Economic Theory, October 2018.

Other Selected Publications

  • "Intermittency and the Value of Renewable Energy," with Gautam Gowrisankaran and Mario Samano, Journal of Political Economy, August 2016.
  • "Pivotal Suppliers and Market Power in Experimental Supply Function Competition," with Jordi Brandts and Arthur Schram, Economic Journal, September 2014.
  • “The Economics of Solar Electricity”, with Erin Baker, Meredith Fowlie & Derek Lemoine, Annual Review of Resource Economics. June 2013.
  • “Auctions with a Buy Price,” with John Wooders, Economic Theory, January 2009.
  • ”Durable Goods Monopoly: Laboratory Market and Bargaining Experiments”, RAND Journal of Economics, Summer 2000.
  • “Bertrand-Edgeworth Competition, Demand Uncertainty, and Asymmetric Outcomes,” with Bart J. Wilson, Journal of Economic Theory, May 2000.
  • “Bertrand-Edgeworth Competition in Experimental Markets,” with Jamie Kruse, Stephen Rassenti and Vernon L. Smith, Econometrica, 1994.
  • “Appropriability and Market Structure in a Stochastic Invention Model,” with R. Mark Isaac, Quarterly Journal of Economics, 1988.
  • “Capacity Investment, Preemption and Commitment in an Infinite Horizon Model,” International Economic Review, 1987.


  • PhD in Economics, Northwestern University